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Day’s wrap: Farfetch, Valentino, LVMH and Sephora

Farfetch has acquired resale service provider LUXCLUSIF. Image credit: Farfetch

 

Luxury Daily’s live news for Dec. 10:

Farfetch doubles down on resale with LUXCLUSIF acquisition
Online retailer Farfetch is accelerating its resale capabilities with a new acquisition.

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Valentino leverages Instagram to support young designers
Italian fashion label Valentino is partnering with the nonprofit Camera Nazionale della Moda Italiana to feature emerging designers during Milan Fashion Week in an ongoing series.

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LVMH opens applications for 2022 LVMH Prize
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has opened the application process for the next edition its Prize for Young Fashion Designers initiative, which has celebrated young designers from around the world since 2013.

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Sephora reveals new BIPOC participants in incubator program
LVMH-owned beauty retailer Sephora continues to spotlight BIPOC brand founders with its newly announced participants for the 2022 Accelerate brand incubator program.

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